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Exports In 2022, Montenegro exported $12.4M in Wine, making it the 52nd largest exporter of Wine in the world. At the same year, Wine was the 12th most exported product in Montenegro. The main destination of Wine exports from Montenegro are: Serbia ($7.05M), Bosnia and Herzegovina ($2.64M), China ($841k), Germany ($448k), and Albania ($302k).

The fastest growing export markets for Wine of Montenegro between 2021 and 2022 were Germany ($316k), Serbia ($127k), and Bosnia and Herzegovina ($80.3k).

Imports In 2018, Montenegro imported $11.2M in Wine, becoming the 106th largest importer of Wine in the world. At the same year, Wine was the 87th most imported product in Montenegro. Montenegro imports Wine primarily from: Serbia ($3.05M), France ($2.28M), Italy ($2.08M), North Macedonia ($1.49M), and Croatia ($1.38M).

The fastest growing import markets in Wine for Montenegro between 2021 and 2022 were France ($956k), Italy ($568k), and Croatia ($306k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Wine. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.4M
IMPORTS (2022)$11.2M
NET TRADE (2022)$1.17M

In 2022, Montenegro exported $12.4M in Wine. The main destinations of Montenegro exports on Wine were Serbia ($7.05M), Bosnia and Herzegovina ($2.64M), China ($841k), Germany ($448k), and Albania ($302k).

In 2022, Montenegro imported $11.2M in Wine, mainly from Serbia ($3.05M), France ($2.28M), Italy ($2.08M), North Macedonia ($1.49M), and Croatia ($1.38M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Germany$316k (239%)
Serbia$127k (1.84%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Montenegro WERE (2021 - 2022):
China-$1.14M (-57.4%)
Switzerland-$93.2k (-84.3%)
United States-$80.9k (-27.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Wine were:
France $13.1B
Italy $8.32B
Spain $3.25B
In 2022, Montenegro's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

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Wine’s highest export potential is N/A. With an export gap of N/A.   Wine’s highest import potential is N/A with an import gap of N/A.

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